Crypto futures and spot trading platform BitMEX has delayed listing its Ethereum-based BMEX token on its exchange because market conditions are not “ideal”, and the team wants to list the token in a rewarding environment.
BitMEX stated that its BMEX tokens have “grassroots support.” BitMEX has also airdropped approximately 1.5 million BMEX tokens to thousands of users for trading in recent months and continues to do so.
“Bear markets are not easy; we have seen our share over the years and stayed strong, even with Bitcoin at much lower levels,” the announcement read.
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